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China’s future currency fluctuations unsure

20 August 2015 | General

The People’s Bank of China (PBoC) surprised the market by lowering the benchmark exchange rate from 6.1162 to 6.2298 (approximately 1.9%) per dollar on Tuesday August 11.

Consumer credit health improves in Q2 2015

06 August 2015 | General

But there may be stormy times ahead.

Economic pressure placing SMME growth at risk

03 August 2015 | General

Economic activity at the start of the third quarter of 2015 is leading to serious questions about whether small and medium enterprises (SMMEs) can survive or flourish under the current climate.

Will the BRICS bank benefit SA?

22 July 2015 | General

The BRICS bank has been on the cards for a number of years and the institutionalisation of it was inevitable. From a funding perspective, the main capital contributions are initially China with $41-billion, Brazil/Russia/India with $18-billion each and South Africa with $5-billion. The South African component is understandably lower due to the size of its economy, but with a rotational governor system, it does not marginalise SA’s input or influence.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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